I am in exactly the same position its quite frustrating trying to maintain a disciplined approach to capital management whilst any random punter buyimg into pre revenue tech companies can quadruple their money in a matter of weeks.
Givem that interest rates dont appear to be going up anytime soon I am at a loss to idntify a potential catalyst that would see a meaningful de-rating of stocks to levels that represent fair value let alone being cheap.
Quite frustrating really.
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